LCYtech established the "ESG Sustainability Preparatory Committee" in the fourth quarter of 2021, and established the "TCFD Climate Change Adaptation Group" under its umbrella.

Through the "ESG regular meeting" convened and chaired by the general manager, based on the industry indicators (electrical and electronic equipment industry, metal and mining industry) provided by the US SASB standards (Sustainability Accounting Standards Board, Sustainability Accounting Standards Board), we discussed the The five major climate change issues related to the copper foil industry, including "greenhouse gas emissions", "energy management", "water resources management", "waste management", "life cycle management and product safety", review past performance and act accordingly Discuss and set short, medium and long-term management paths.

TCFD Governance and Strategy

In the first quarter of 2022, LCYtech will refer to the Task Force on Climate-related Financial Disclosures (TCFD) and Carbon Disclosure Project (CDP) projects to select applicable climate-related issues and target them accordingly. Assess the risks and opportunities that changes may bring.

The risks of climate change are "renewable energy regulations", "increased costs of raw materials", "increased prices of greenhouse gas emissions"; and possible opportunities under climate change include "resource substitution and diversity", "new products and services" "R&D and innovation", "reducing the use of water resources" and "diversified operations", etc.

TCFD indicators and targets

1. Continue to understand the local and global carbon trading situation and prepare for active participation.

2. Introduce recycled water, so there is no need to worry about water use during drought.

3. Promote the industrial chain to support Green Product Premium.

4. Diverse assessment of renewable energy.

5. Continuously optimize green technology.